Job postings were down 17% year-over-year on Friday, according to the Indeed Job Postings Index.
That decline is more severe for high WFH occupational sectors, which were down 36% YoY. Low-remote sectors were only down 9.7%
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@VANESSALPOWELL@VANESSALPOWELL do you still cover gift guides? I have a food & beverage client who has a pretty unique approach to decaf coffee. Can I email you the details? Thank you!
As job openings stayed relatively high over the past few months, doubts were emerging that perhaps demand for workers wasn’t moderating as expected in the face of broader efforts to cool the overall economy. But today’s data offers some needed clarity. https://t.co/nf8jw2P8Dh
January 2023 #JOLTS Report:
📉 Job openings are down to 410k to 10.8 million from a revised 11.2 million in December
📊 Quits rate down to 2.5%
📈 Layoff rate up slightly to 1.1%
#ECI shows total compensation rose 1% over the fourth quarter with private-sector wages growing at the same clip.
Wages grew at 5.1% year-over-year, down from 5.2% in the third quarter.
WE ARE SOLD OUT 🤯
For those who were unable to secure a ticket, your generosity can still make a difference by making a donation to @safe_alliance. I look forward to more opportunities to come together and support this worthy cause in the coming months!
-AE💕
Job-to-job moves grew throughout 2021, with the job-to-job hires ending the year at 6.4%.
Not quite at 21st-century highs, but up 16% from the q4 2019 rate.
November 2022 #JOLTS Report:
The US labor market is still coming in hot 🔥🔥
📊 Job openings at 10.5 million in November, which is steady from a revised 10.5 in October.
📊 Quits rate ticks up slightly to 2.7%, private sector up to 3%
📊 Layoffs still steady at 0.9%